Many bullish scenarios could develop for VALE

NYSE:VALEVALE S.A. AMERICAN DEPOSITARY SHARES EACH REPRESENTING ONE COMMON SHARE

6400

Definite resistance between 14.12 and 14.22 from fib level as well as previous resistances. Macd curling up, 50MA could cross 200day moving average soon. So if it clears 14.22 level with some volume definitely a chance of it going way higher.